Nah,
The reality is, people in ASIA, Middle Eastern, Eastern Europe countries still love to hold on to US dollars over Gold. Easy to hold and easy to carry:).
You can buy almost anything, anywhere using the US dollar. I cannot say the same for other major currencies.
The Chinese & Indians love to buy Gold, simply because they don't like to hold Ruppes or Yuans atm.
- Forums
- Commodities
- GOLD
- fed taper in december
fed taper in december, page-33
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online